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Ultra Chip (ROCO:3141) Debt-to-Equity : 0.42 (As of Sep. 2024)


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What is Ultra Chip Debt-to-Equity?

Ultra Chip's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$178 Mil. Ultra Chip's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was NT$848 Mil. Ultra Chip's Total Stockholders Equity for the quarter that ended in Sep. 2024 was NT$2,466 Mil. Ultra Chip's debt to equity for the quarter that ended in Sep. 2024 was 0.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Ultra Chip's Debt-to-Equity or its related term are showing as below:

ROCO:3141' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.34   Max: 0.46
Current: 0.42

During the past 13 years, the highest Debt-to-Equity Ratio of Ultra Chip was 0.46. The lowest was 0.02. And the median was 0.34.

ROCO:3141's Debt-to-Equity is ranked worse than
62.02% of 882 companies
in the Semiconductors industry
Industry Median: 0.27 vs ROCO:3141: 0.42

Ultra Chip Debt-to-Equity Historical Data

The historical data trend for Ultra Chip's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Ultra Chip Debt-to-Equity Chart

Ultra Chip Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.41 0.46 0.37 0.25

Ultra Chip Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.39 0.25 0.26 0.43 0.42

Competitive Comparison of Ultra Chip's Debt-to-Equity

For the Semiconductors subindustry, Ultra Chip's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Ultra Chip's Debt-to-Equity Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Ultra Chip's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ultra Chip's Debt-to-Equity falls into.



Ultra Chip Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ultra Chip's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Ultra Chip's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Ultra Chip  (ROCO:3141) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Ultra Chip Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Ultra Chip's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


Ultra Chip Business Description

Traded in Other Exchanges
N/A
Address
4th Floor, No. 618, Ruiguang Road, Neihu, Taipei, TWN, 11492
Ultra Chip Inc engages in research and development, manufacture, and sales of smaller sized LCD display driver IC. The products of the company include mobile device IC, electrophoretic display, touch solution, and motor.

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